SOL/USDT Technical Analysis: Is Solana Set to Skyrocket? Solana (SOL) is a promising cryptocurrency that has been making waves in the market recently. In this technical analysis, we'll take a closer look at the current price action of SOL/USDT and its potential for a breakout. This article is for educational purposes only, and not financial advice. Always do your...
Short Term Analysis for Ethereum ETH/USDT is currently trading at HKEX:1919 , and it appears that some retracement could be on the way. I'm expecting a drop to around $1860. I've set up a short position for ETH/USDT with an entry point of HKEX:1920 - TSE:1930 , a target of TSE:1870 , and a stop loss at a 4-hour close above $1940. Keep a close eye on this...
Preparing for Bitcoin's Next Bull Market: Expert Insights and Predictions As the cryptocurrency market continues to evolve, investors are looking for insights into Bitcoin's next bull cycle. Here's what you need to know to make informed decisions about your portfolio. Based on my analysis, I predict that the next bull cycle for Bitcoin will occur in three...
XRP is repeating many structures and the last impulse waves on a 4hr allowed for a 10% push on 1 and 3 and 50% on wave 5 starting from the FTX bottom. XRP is on the verge of beginning wave 5, which would bring XRP to .75 cents very fast just like what happened every other time this structure is formed. Wave 5 is 150% larger than wave 1 and 3 combined. Although...
The green descending channel that xrpbtc is currently breaking up from it has been inside for the last 6 months or so. The breakout target of the channel should lift xrpbtc priceaction above bothe the weekly 200ma(in blue) as well as the daily 200ma(not shown here). If it finds a way to break up from the symmetrical triangle it can rise all the way to .00006. ...
Bitcoin Price Analysis: BTC/USDT Breaks Major Resistance Level, Short-Term Target Set at $31700-$32500 Bitcoin (BTC) has finally broken out of a major resistance level and is currently trading above HKEX:30 ,000 against the US Dollar Tether (USDT). This significant move has caught the attention of crypto traders and investors, who are now wondering what's next...
Traders, I’ve chosen to take profit here on XRP for several reasons: 1) We dropped below two levels of support which are now acting as resistance. 2) I was a bit overweight in alts for my current risk tolerance level. 3) I am still under the impression that BTC will pullback once tagging 30k. Although, alts could hold their own, they typically exaggerate any...
Each time XRP "rallied," it formed higher lows and lower highs. Then before it breaks out it goes back to retest its previous high of the impulse wave beforehand. After that, it retests its supply zone formed at the most recent high, before coming back down to retested the last unfilled supply zone. (Also considered order blocks in this case). This is when...
Waiting for a good move on chr this weekend. Same scenario as in last week, even BTC still holding its price. Stil green days on my mind. Not financial advice. DYOR.
In today's big brain analysis, we'll be breaking down the infamous altcoin XRP. Let's dive right in... XRP seems to have slowed down at long-term supply levels kicking in around ~0.58 which is exactly what we want to see for a healthier continuation of this 2023 rally. The crypto market as a whole has shown a lot of resilience throughout last year so it would...
Hello Everyone, XRP has a lot of potential in the future and I'm sure that, XRP will make a new all-time high in the next bull market. on 4h time frame we can see that we have a strong resistance around 0.516 and breaking it would give us a good buying opportunity. with targets of 0.545 - 0.57 - 0.6 On weekly frame it's kinda bullish as we closed the...
Not sure if this is correctly charted. I was playing with the weekly chart and saw this.
Here's a quick look at the 2 hr. XRP chart. The idea is: Buy when the price breaks above 0.516$ and take profits at the levels shown in the chart. Targets: 1. 0.52$ 2. 0.525$ 3. 0.532$ 4. 0.545$ 5. 0.555$ ------------------------------------------- Recent Altcoin trades: ARB / USDT: 5% profit DOGE / USDT: 20% profit XRP / USDT: 9% profit...
Ripple (XRP) technical analysis: Trade setup : Following a brief period of consolidation in a Bullish Flag pattern, price appears breaking out in the direction of existing Uptrend. Potential upside potential to $0.55 or even $0.60. Pattern : Bullish Flag pattern. Short term small rectangle trading range between diagonal parallel lines. It moves counter to the...
ACH/USDT Technical Analysis: Is Another 100% Rally Possible? The cryptocurrency market is known for its volatility, and ACH/USDT is no exception. Currently trading at $0.03976, ACH has seen a massive 650% increase in 2023 alone. However, with the price near its all-time high, the trade can be risky. In this article, we will conduct a technical analysis of...
Typically bear pennant breakouts to the upside are followed by drops to new lows? I like 0.60-0.63, not sure XRP goes higher. I was long from 0.38 and did well closing at around 0.51, and I AM, in a long since 0.4903 again but, if we cant push higher stops might be hit at some point.
Will be waiting for good rise on FIO/USDT overall a down on BTC till 24K-23K will be good for alts if it holds that price. Otherways if down on BTC won't happen, then this chart is active on short term. Not financial advice. DYOR.
Get ready folks looks like XRP is finally ready to do some damage, in coming projections as follows, 0.518, bigger move 0.63 cents..Happy trading!